B2B Relocations & HR Services Limited - Period Ending 2017-03-31

Registration number: 09935414

B2B Relocations & HR Services Limited

Annual Report and Unaudited Financial Statements

for the Period from 5 January 2016 to 31 March 2017

EJBC Chartered Accountants
The Rectory
Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

B2B Relocations & HR Services Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Financial Statements	5 to 6

B2B Relocations & HR Services Limited

Company Information

Directors

Mr D Yeo Mrs R Yeo

Registered office

The Rectory 1 Toomers Wharf Canal Walk Newbury Berkshire RG14 1DY

Accountants

EJBC Chartered Accountants The Rectory Toomers Wharf Canal Walk Newbury Berkshire RG14 1DY

Page 1

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
B2B Relocations & HR Services Limited
for the Period Ended 31 March 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of B2B Relocations & HR Services Limited for the period ended 31 March 2017 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of B2B Relocations & HR Services Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of B2B Relocations & HR Services Limited and state those matters that we have agreed to state to the Board of Directors of B2B Relocations & HR Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than B2B Relocations & HR Services Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that B2B Relocations & HR Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of B2B Relocations & HR Services Limited. You consider that B2B Relocations & HR Services Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of B2B Relocations & HR Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

EJBC Chartered Accountants
The Rectory
Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

8 May 2017

Page 2

B2B Relocations & HR Services Limited

(Registration number: 09935414)
Balance Sheet as at 31 March 2017

	Note	2017 £
Fixed assets
Tangible assets	3	1,506
Current assets
Cash at bank and in hand		69,352
Creditors: Amounts falling due within one year		(30,257)
Net current assets		39,095
Net assets		40,601
Capital and reserves
Called up share capital		100
Profit and loss account		40,501
Total equity		40,601

For the financial period ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account and Directors' Report has been taken.

The notes on pages 5 to 6 form an integral part of these financial statements.

Page 3

B2B Relocations & HR Services Limited

(Registration number: 09935414)
Balance Sheet as at 31 March 2017

Approved and authorised by the Board on 8 May 2017 and signed on its behalf by:
 

.........................................

Mr D Yeo

Director

.........................................

Mrs R Yeo

Director

The notes on pages 5 to 6 form an integral part of these financial statements.

Page 4

B2B Relocations & HR Services Limited

Notes to the Financial Statements for the Period from 5 January 2016 to 31 March 2017

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	33.33% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Page 5

B2B Relocations & HR Services Limited

Notes to the Financial Statements for the Period from 5 January 2016 to 31 March 2017

2	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

3	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
Additions	2,259	2,259
At 31 March 2017	2,259	2,259
Depreciation
Charge for the	753	753
At 31 March 2017	753	753
Carrying amount
At 31 March 2017	1,506	1,506

Page 6